NOVATEK-Yurkharovneftegas, a subsidiary of PAO NOVATEK, Moscow, won the auction for geological survey, exploration, and production license for the Yeniseyskiy subsoil area in the Krasnoyarsk Territory, Russia.
The license area is in a new prospective oil and gas province with resource growth potential in the Palaeozoic and Jurassic reservoirs, and lies adjacent to the company's South-Leskinskiy area, the company said in a release Dec. 19. The license term is 27 years.